Requirements - X 1. Prepare Robin's classified balance sheet in the account format at December 31, 2018. 2. Use a DuPont Analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2018. 3. Do these rates of return suggest strength or weakness? Give your reason. What additional information might help you make your decision? Print Done Data Table Cash ... $ 15,900 361,000 Accounts receivable, net Paid-in capital in excess of par-camman ..... Accrued liabilities Long-term note payable 41,000 27,000 29,000 26,000 93,000 99,000 10,000 ? 134,000 8,000 12,000 110,000 14,000 Inventory Interest expense ........ $ Property, plant and equipment, net , Common stock, $1 par, 1,250,000 shares authorized, 110,000 shares issued Prepaid expenses Common stockholders' equity, December 31, 2017 Net income Total assets, December 31, 2017 ... Treasury stock, 23,000 shares at cost Dividends payable Retained earnings 221,000 Accounts payable 84,000 496,000 Trademarks, net Goodwill 32,000 Net sales 700,00 Print Done Balance Sheet December 31, 2018 Assets Liabilities Stockholders' Equity par shares shares shares shares Total assets Total liabilities and stockholders' equity Requirement 2. Use a DuPont analysis to calculate rate of return on total assets and rate of return on common stockholders' equity for the year ended December 31, 2018. Start by calculating the rate of return on total assets (ROA). Select the DuPont model formula needed and then enter the amounts to calculate ROA. (Ignore Interest Expense in the ROA calculation. Dividends are not preferred. Round percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) 1 x = ROA . % Calculate the rate of return on common stockholders' equity (ROE). Select the DuPont model formula needed and then enter the amounts to calculate ROE. (Ignore Interest Expense in the ROA calculation. Dividends are not preferred. Round percentages to one decimal place, X.X% and other component ratios to three decimal places, X.XXX.) = ROE % y % Requirement 3. Do these rates of return suggest strength or weakness? Give your reason. What additional information might help you make your decision? These rates of return appear to be because ause What additional information might help you make your decision? (If a box is not used in the table, leave the box empty; do not make a selection.)
